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2009 (4) TMI 481 - HC - Income TaxAddition u/s 43B - Scrutiny - retrospective or prospective - The Assessing Officer completed the assessment vide his order dated March 16, 2001 making addition to the total income under different heads including addition on account of Employees' Provident Fund contribution for Rs. 31,767 and short-term capital gains of Rs. 1,50,500 - Section 43B(a), the first proviso to section 43B and Explanation 2 have to be read together as giving effect to the true intention of section 43B - In view the judgment of the hon'ble Supreme Court in Allied Motors' case (1997 -TMI - 5575 - SUPREME Court) and Circular No. 7 of 2003 dated September 5, 2003, the appeal disposed by way of remand
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